Local view for "http://purl.org/linkedpolitics/eu/plenary/2001-05-15-Speech-2-017"

Predicate	Value (sorted: default)
rdf:type	lpv_eu:Speech2
dcterms:Date	"2001-05-15"^^xsd:date2
dcterms:Is Part Of	lp_eu:Broad economic guidelines for 20012
dcterms:Language	"nl"^^xsd:language2
lpv:document identification number	"en.20010515.2.2-017"2
lpv:hasSubsequent	lp_eu:2001-05-15-Speech-2-0182
lpv:speaker	lp:Johannes Blokland2
lpv:spokenAs	co-chair; EDD (2001-01-30--2004-07-19)3 unknown; Staatkundig Gereformeerde Partij - Gereformeerd Politiek Verbond - Reformatorisch Politieke Federatie (1999-07-20--2002-03-17)3 member; Committee on the Environment, Public Health and Consumer Policy (1999-07-21--2002-01-14)3 member; ECON (2000-02-02--2002-01-14)3 member; Temporary committee on human genetics and other new technologies in modern medicine (2000-12-13--2001-11-29)3 member; Delegation to the EU-Slovak Republic Joint Parliamentary Committee (1999-09-28--2002-01-14)3 substitute; Delegation to the EU-Slovenia Joint Parliamentary Committee (1999-09-29--2002-01-14)3
lpv:translated text	"Mr President, according to the von Wogau report, the introduction of the common currency marks a new step in integration. A step which is costing money while the benefits are yet to become apparent. Like the euro coin, the new step has two sides. On the one hand, economies which are ahead in the economic trend are in need of an increase in interest so as to dampen down inflation. This is now impossible. On the other hand, countries which are lagging behind need a boost with a lower rate in interest. That too proves to be impossible. Whichever way you look at it, it marks the loss of one of the instruments required for a healthy economy. Greater coordination is not the answer. Something else is needed to balance the loss of national monetary instruments: structural reforms – familiar to us all, yet a rarity – such as a more flexible labour market and the further breakdown of state monopolies. These could restore the value of the euro, more so than an unexpected change in interest rates. The most recent fall in interest rates of the European Central Bank came a day before it was known that, at 5.3%, Dutch inflation had reached its highest level in almost 20 years. That illustrates the seriousness of the problem. Those reforms should make Europe more innovation-friendly. However, many subsidies and other incentive schemes only distort the market and are often harmful to the environment. If we are to launch these reforms with a vengeance, I fear the worst for Europe’s competitiveness. My final point concerns the environment. Despite the favourable economic climate, little has been done about the strategy for sustainability. Economic growth, a fall in employment and environmental integration must be better coordinated. Since the economy has grown more rapidly than expected, more ambition in this field should be a matter of course. Let us therefore declare this a cornerstone in our policy. The European Parliament will be given its opportunity at the end of May, and the European Council in Gothenburg in June. Indeed, a new step in integration can only live up to its name if the integration of the environment and economy actually gets off the ground."@en1

Named graphs describing this resource:

The resource appears as object in 2 triples

Context graph